This article is about the subunit of the Indian rupee. For other uses, see Paisa.
The Indian paisa (plural: paise) is a 1⁄100 (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee.[1]
In 1955, the Government of India first amended the Indian Coinage Act and adopted the "metric system for coinage". From 1957 to 1964, the paisa was called naya paisa (transl. 'new paisa') to distinguish it from the old paisa/pice which was a 1⁄64 subdivision of the Indian Rupee. On 1 June 1964, the term "naya" was dropped and the denomination was named paisa. Paisa has been issued in 1, 2, 3, 5, 10, 20, 25, and 50 paise coins. Though as of 2023, coins of the denomination of 1 rupee are the lowest value in use.
Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetised.[2][3]
A symbol for the paisa ⟨⟩ was designed using the same concept as the symbol for rupee.[14] However, the proposed symbol never appeared on any coin, as the Reserve Bank of India had stopped minting any paisa coins before this proposal.
Wikimedia Commons has media related to Paisa (coins).
May 02, 2024
indian, paisa, this, article, about, subunit, indian, rupee, other, uses, paisa, plural, paise, hundredth, subdivision, indian, rupee, paisa, first, introduced, april, 1957, after, decimalisation, indian, rupee, 1955, government, india, first, amended, indian,. This article is about the subunit of the Indian rupee For other uses see Paisa The Indian paisa plural paise is a 1 100 one hundredth subdivision of the Indian rupee The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee 1 In 1955 the Government of India first amended the Indian Coinage Act and adopted the metric system for coinage From 1957 to 1964 the paisa was called naya paisa transl new paisa to distinguish it from the old paisa pice which was a 1 64 subdivision of the Indian Rupee On 1 June 1964 the term naya was dropped and the denomination was named paisa Paisa has been issued in 1 2 3 5 10 20 25 and 50 paise coins Though as of 2023 coins of the denomination of 1 rupee are the lowest value in use Contents 1 History 2 Coins 2 1 Naya paisa series 1957 1964 2 2 Paisa series 1964 2002 2 3 Mint mark 3 Symbol for Paisa 4 See also 5 References 6 External linksHistory editMain article Coins of the Indian rupee Prior to 1957 Indian rupee was not decimalised and the rupee from 1835 to 1957 was further divided into 16 annas Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetised 2 3 Denomination Corresponding value From To Comments One Indian rupee Sixteen Indian anna 1835 1947 1947 1950 The Frozen Series 1950 1957 The Anna Series Hundred paise 1957 1964 Naya paisa series 1964 Present Except 50 paise rest all paise anna pice and pies coins demonetised One Indian anna Four Indian pice 1835 1947 1947 1950 The Frozen Series 1950 1957 The Anna Series Anna and pice demonetised in 1957 One Indian pice Three Indian pies 1835 1947 Pies demonetised in 1947 One Indian rupee 100 paise 16 anna 64 pice 192 pies 2 Coins editNaya paisa series 1957 1964 edit Naya paisa series Value Technical parameters Description Year of minting Monetarystatus Weight Diameter Thickness Metal Edge Obverse Reverse First Last 1 nayapaisa 1 5 g 16 mm 1 mm Bronze Plain State Emblem of India and country namein Hindi and English Face value and year 1957 1962 Demonetised 4 2 nayaPaise 2 95 g 18 mm 1 80 mm Cupronickel Smooth 1957 1963 Demonetised 5 5 nayapaise 10 nayapaise 20 nayapaise 50 nayapaise Paisa series 1964 2002 edit Paisa Aluminum series Value Technical parameters Description Year of minting Monetarystatus Mass Diameter Thickness Metal Edge Obverse Reverse First Last 1 paisa 0 75 g 17 mm 1 72 mm Aluminium Smooth State Emblem of India andcountry name in Hindi and English Face value and year 1965 1981 Demonetised 6 2 paise 1 0 g 20 mm 1 58 mm Demonetised 7 3 paise 1 2 g 21 mm 2 0 mm 1964 1971 Demonetised 8 5 paise 1 5 g 22 0 mm 2 17 mm State Emblem of India countryname and face value Year and Save for development lettering Coin minted to commemorate FAO 1977 1977 Demonetised 9 10 paise 2 27 g 25 91 mm 1 92 mm State Emblem of India andcountry name in Hindi and English Face value and year 1971 1982 Demonetised 10 20 paise 2 2 g 26 mm 1 7 mm 1982 1997 Demonetised 11 25 paise 2 83 g 19 05 mm 1 55 mm 1957 2002 Demonetised 12 50 paise 2 9 g 19 mm 1 5 mm 1957 2002 In circulation but rare 13 Mint mark edit No mintmark Kolkata Mumbai mint B Mumbai Proof issues Hyderabad NoidaSymbol for Paisa editMain article Indian rupee sign Symbol for Paisa nbsp Proposed symbol for Paisa A symbol for the paisa nbsp was designed using the same concept as the symbol for rupee 14 However the proposed symbol never appeared on any coin as the Reserve Bank of India had stopped minting any paisa coins before this proposal See also editPaisa History of the rupeeReferences edit Reserve Bank of India www rbi org in Retrieved 2023 12 07 a b Republic India Coinage Reserve Bank of India Retrieved 27 November 2016 Global Financial Data Global Financial Data Retrieved 27 November 2016 permanent dead link 1 Naya Paisa Numista Retrieved 28 November 2016 2 Naya Paise Numista Retrieved 28 November 2016 1 Indian paisa Numista Retrieved 29 November 2016 2 Indian paise Numista Retrieved 29 November 2016 3 Indian paise Numista Retrieved 29 November 2016 5 Indian paise Numista Retrieved 29 November 2016 10 Indian paise Numista Retrieved 29 November 2016 20 Indian paise Numista Retrieved 29 November 2016 25 Indian paise Numista Retrieved 11 May 2023 50 Indian paise Numista Retrieved 11 May 2023 Kumar D Udaya Currency Symbol for Indian Rupee PDF Indian Institute of Technology Bombay Archived from the original PDF on 2010 08 21 Retrieved 14 November 2018 Portals nbsp India nbsp Money nbsp NumismaticsExternal links edit nbsp Wikimedia Commons has media related to Paisa coins Retrieved from https en wikipedia org w index php title Indian paisa amp oldid 1219857852, wikipedia, wiki, book, books, library,
